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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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25, Albion Mews, Lancaster is recorded publicly as a mid-century leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 25, Albion Mews, Lancaster is £66,681 and its rental estimate is £399 per month, given the available information and assuming reasonable condition.
Albion Mews, Lancaster, LA1 falls within the LA1 postal district, in the borough of Lancaster.
25, Albion Mews, Lancaster has 41 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 25, Albion Mews, Lancaster, we estimate a market value of £70,015 and a rental value of £419 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £62,013 and £371 per month respectively.
Over the last year, 25, Albion Mews, Lancaster has seen its estimated sale value grow by £80 (0.1%) and its estimated rental value climb by £16 per month (3.9%). This results in an estimated gross rental yield of 7.2%.
25, Albion Mews, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of 25, Albion Mews, Lancaster completed on 12th July 2024 at £75,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 8.3% over the period since July 2024.
Over the past 2 years 3 properties similar to 25, Albion Mews, Lancaster have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th November 2021, was 14, Albion Mews, Lancaster, LA1 1GE, a leasehold flat which sold for £53,000.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 24 addresses on Albion Mews, Lancaster, LA1, 25, Albion Mews, Lancaster comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £178k less expensive than the average property across the LA1 district.
From 25, Albion Mews, Lancaster, the nearest station is Lancaster, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 25, Albion Mews, Lancaster, 51.6% of property is privately rented and 18.3% is privately owned outright.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 25, Albion Mews, Lancaster, 54.9% of residents are recorded as possessing school level qualifications and 27.5% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 25, Albion Mews, Lancaster, the average age was 32.3 and the most common age was 22.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 25, Albion Mews, Lancaster, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 25, Albion Mews, Lancaster, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
